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Lucas Downey

June 2024

Why I Expect NVIDIA to Be a $5 Trillion Company

June 24, 2024Lucas Downey

If you had asked me what the most important date for NVIDIA Corporation (NVDA) in June would be, my answer would have been Monday, June 10. This was the day NVIDIA stock would start trading at its new split-adjusted price following its 10-for-1 stock split on June 7. However, my new answer is Tuesday, June 18, the day NVIDIA’s market cap hit $3.35 trillion – sailing past Microsoft Corporation’s (MSFT) $3.317 trillion market cap and briefly making NVIDIA the largest publicly traded company in the world. But we haven’t seen anything yet.

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It’s Time to Factor the Election Into Your Investing – Here’s the Roadmap

June 22, 2024Lucas Downey

We’re quickly approaching the midpoint of the year, and considering how inflation, high interest rates, and global uncertainty have hung over the market, stocks have done well. I hope you’ve made good money along the way. In fact, that Nasdaq Composite is on pace for 30%+ gains in 2024, and the S&P 500 is not far behind. That would be about triple the annual average (about 10%) in a “normal” year. But this year is not normal.

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How To Pick Money-Making Stocks: Part 3

June 20, 2024Lucas Downey

Picking winning stocks is a near impossible game. That’s because only a handful of stocks account for all of stock market success. This was proven by the impressive work of Professor Hendrik Bessembinder, who found only 4% of stocks account for all of the net gains of stocks above government bonds in the past 100 years. To complicate matters even more, only 1% of stocks account for half of the entire net gain of stocks over bonds.

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Power Trends+: A Prediction Come True and the Ingredients for a Stellar Stock

June 18, 2024Lucas Downey

Something incredible happened. Some might say it’s a coincidence, but I know it was based on hard data that couldn’t be denied. In last week’s Power Trends+, TradeSmith analyst Luke Downey made a prediction that Broadcom (AVGO) would soon announce a stock split (or at least they should). Well, it didn’t take long. After filming the video but before the issue even landed in your inbox, AVGO did just that when it announced a 10-for-1 split set for July 15. And the stock has soared ever since.

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3 Top-Ranked Stocks for the Summer Travel Season

June 17, 2024Lucas Downey

I’m always looking for trends to identify great stocks. And one just smacked me right in the face. I’m on vacation with my family traveling in Spain and Portugal. So far, I’ve been to four cities. The streets are packed, the restaurants are full, the hotels are booked, and the flights are oversold. The optic test tells me the travel and leisure market is vibrant right now. That makes sense. School is out, summer is here, and people are ready to take that vacation time. According to a Bank of America survey, 70% of respondents are planning to travel this summer. They also plan to travel for longer and spend more compared to previous years.

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How To Pick Money-Making Stocks: Part 2

June 15, 2024Lucas Downey

It continued for several weeks, as I watched the stock price soar each time this client bought more shares – ultimately leading to a 70% increase. Those weeks transformed my view of investing. From my unique vantage point heading up a trading desk, I saw firsthand how this type of buying moved stocks. And it put me on a mission – one that culminated in the quantitative analytics system I developed and still use today. On Monday, we went over the first step in picking money-making stocks: analyzing the most important fundamentals. Today, I’ll give you an inside look at the next steps to building your wealth by finding superior companies to invest in.

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Big-Time Splits Are Usually Big-Time Opportunities

June 13, 2024Lucas Downey

Stock splits have been around for a long time, but June brings a couple of whoppers – including one of the biggest in history. The data is clear that stock splits can be big opportunities for investors. Coca-Cola (KO), one of Warren Buffett’s main holdings, has split 11 times in the last 105 years. If someone bought one share of KO in 1919 when it debuted and willed that investment to future generations, that single share would now amount to 9,216 shares. That $40 investment would be worth more than $580,000.

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Power Trends+: These Stocks Could Follow Nvidia’s Lead 

June 12, 2024Lucas Downey

tock splitting is all the rage right now... and that’s good for investors. We have a couple of big-time splits here in June, which I’ll talk about and analyze for you tomorrow. Nvidia (NVDA) is the first as shares began trading following a 10-for-1 split Monday morning, dropping the price per share from $1,208.88 to $120.88. That’s much more affordable. But in today’s Power Trends+, my fellow TradeSmith analyst and business partner Luke Downey shows you an interesting study on why these splits are quite bullish.

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How To Pick Money-Making Stocks: Part 1

June 10, 2024Lucas Downey

That system powers my stock recommendations in The TradeSmith Investment Report and other research publications I produce. I use it for myself and my family. I would never buy or recommend a stock without it. I sell the results to hedge funds, institutions, and professional traders. And I want to share a summary of how it works… how you can pick the big winners that people talk about. The stocks that make you money.

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Time to Invest in Warren Buffett’s Best Kept Secret

June 8, 2024Lucas Downey

We’re fortunate to live in a time with some of the best wealth-building opportunities in the history of the world. And building wealth is the whole point. Why else invest? Many of these massive opportunities come in companies that are reshaping our world – like AI darlings, tech innovators, cybersecurity stalwarts, robots, and other life-changing juggernauts. But the road to riches is also paved with what I sometimes call Stable Mabels. Every investor needs some of those in their portfolios, too.

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Look Out… Apple’s AI Revolution May Be Here

June 6, 2024Lucas Downey

We are nowhere near the end of the line for massive gains from AI. Sure, prices will ebb and flow, and the talking heads will inevitably question whether the AI boom is over. It’s not. In fact, it may be about to catch fire again… as soon as Monday.

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